The markets are experiencing a late-year swoon. All major indexes lost ground Tuesday, with the Dow Jones Industrial Average down for a ninth consecutive session. While the Dow is solidly in the black in 2024, up more than 15%, this is not a good sign heading into 2025.
Regarding 52-week highs and 52-week lows, the latter took control in Tuesday trading, with the lows nearly doubling the highs, 114 to 59. Energy, industrials, and basic materials stocks accounted for 57% of the 52-week lows on the day.
